BAT appoints Chief Sustainability Officer

PRESS RELEASE

30 AUGUST 2022

BAT appoints Chief Sustainability Officer

  • Current Group Head of Investor Relations, Mike Nightingale, announced as BAT’s new Chief Sustainability Officer
  • Creation of new senior leadership position further strengthens the company’s focus on Sustainability and ESG
  • New role underpins BAT’s A Better Tomorrow purpose and sustainable, high growth ambitions
  • Current Chief Marketing Officer, Kingsley Wheaton, to become Chief Growth Officer
  • Current Senior Investor Relations Manager, Victoria Buxton, promoted to Group Head of Investor Relations

 

BAT announces today that it has appointed Mike Nightingale as its first Chief Sustainability Officer to lead its sustainability and ESG agenda.

Mike has been the Group Head of Investor Relations for the past 10 years. Prior to that, Mike held senior leadership positions in sustainability, regulation and marketing.

Additionally, to reflect BAT’s corporate intent and the increasing strategic importance of both ESG and sustainability for the Group, the role of Kingsley Wheaton as Chief Marketing Officer with responsibility for Corporate Affairs, will be redesignated as Chief Growth Officer.

Beyond overseeing the marketing efforts to drive value from combustibles while ensuring a step-change in New Categories performance, Kingsley has also led the initiatives to place ESG front and centre of the Group’s strategy.

Mike will report to Kingsley in his new role as Chief Sustainability Officer with effect from 1st September 2022.

Victoria Buxton, Senior Investor Relations Manager, will be promoted to the role of Group Head of Investor Relations and will report to the Finance and Transformation Director, Tadeu Marroco, also with effect from 1st September.

Commenting on the appointments, Jack Bowles, Chief Executive, said:

“I am delighted that Mike has been appointed as our first Chief Sustainability Officer.

“Sustainability and ESG have evolved substantially over recent years, and at pace. It’s clear that the regulatory requirements of ESG – notably in reporting – have grown tremendously. BAT has always been a sustainability pioneer – we published our first, industry-leading Sustainability Report in 2001 - and I am absolutely committed to that remaining the case.

“Mike will lead us into a new era of sustainability ‘thought leadership’. With his extensive experience of the business, most recently as Group Head of Investor Relations, he is uniquely suited to this challenge.

“Likewise, Victoria has an excellent track record, both as a consumer sector equity analyst and, more recently, as a senior member of Mike’s team. Her promotion is testament to her energy, commitment and drive.

“I wish Mike and Victoria much success in their new roles.”


Enquiries

 

Media Centre
+44 (0) 20 7845 2888 (24 hours)  | @BATplc 

Investor Relations

Victoria Buxton: +44 (0)20 7845 2012
John Harney: +44 (0)20 7845 1263


Forward-looking statements

 

This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.

All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Cautionary Statement” and "Group Principal Risks " in the 2021 Annual Report and Form 20-F of British American Tobacco p.l.c. (BAT).

Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, http://www.sec.gov and BAT’s Annual Reports, which may be obtained free of charge from the BAT website www.bat.com.

Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.